Why Cloudflare Is A Buy Despite The Premium Price

  • From Growth to Value--Seeking Alpha
  • published date: 2021-05-04 11:17:25 UTC

While it may seem expensive, Cloudflare is perfectly placed to become the leader in edge computing and so can be 'overvalued' for very long. Scaling in slowly looks like the best strategy.

Photo by Steve Jennings/Getty Images Entertainment via Getty Images Introduction On Thursday, May 6, Cloudflare (NET) reports its Q1 2021 earnings. The stock has been on fire over the last year. L… [+16918 chars]